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Nordic Capital-backed Conscia completed its acquisition of xevIT.

Synopsis

Nordic Capital-backed Conscia, a provider of security and IT infrastructure, completed its acquisition of xevIT, a German IT Infrastructure company. Financial terms were not disclosed. "xevIT and Conscia have many commonalities, both culturally and operationally in the way we go to market. In addition, we complement each other's high-level technical competencies very well. We have specialised in IT innovation and digitalisation for the healthcare sector, and we look forward to becoming part of Conscia's ‘Network of Knowledge’ strategy as well as being able to deliver our core solutions to the customers within Conscia's current markets," xevIT founders.

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